Senior Vice President, Seabury Securities
Neal Wesson joined Seabury in July of 2007. Mr. Wesson has worked within the Structured Finance and Corporate Advisory divisions on a wide range of transactions consisting of in- and out-of-court restructurings, liquidity financing programs, and arranging and structuring aircraft financings including secured bank debt placement, operating leases, tax leases, pre-delivery deposit financing, spare part/engine financings and fleet remarketing.
Mr. Wesson has extensive expertise in analyzing fleet sourcing and financing options to optimize aircraft ownership costs and mitigate risk. He works with clients to understand, analyze and select funding structures and negotiating and executing commitments and documentation. Mr. Wesson advises operators, financiers and investors throughout the aircraft life cycle to understand the marketplace, manage their portfolios, raise financing or exit their positions.
Since joining Seabury, Mr. Wesson has been involved in the execution of over 50 large-scale transactions totaling over $25 billion and 300 aircraft. Most recently, he advised on the sale-leaseback, JOLCO and secured debt financing for Oman Air and Air Mauritius ($750M) and sale-leaseback of 9 used A320 family aircraft on behalf of Avianca. Prior assignments include (1) sale-leaseback, PDP financing and lease placement for 30+ A330neo, A321neo and A320neo aircraft for TAP Portugal ($3,000M); (2) expert witness in the matters of aircraft purchasing, financing, maintenance and valuation for a £260 million claim in the Commercial Court of England arising from an aircraft purchase and lease agreement dispute; (3) sourcing 30+ current and next-gen aircraft on behalf of Sky Airline, Finnair and other clients; (4) private placement for the debt financing of 9 x E175 aircraft ($200M); (5) negotiating operating leases, sale-leasebacks, pre-delivery deposit financings and lease restructuring for Virgin America ($1,700M); (6) sale-leaseback and pre-delivery deposit financings for SriLankan Airlines ($450M); and (7) In-and out-of-court restructuring of aircraft lease and debt obligations for Avianca Holding, Republic Airways, Virgin America and Frontier Airlines (300+ aircraft)
Mr. Wesson graduated magna cum laude from Rensselaer Polytechnic Institute with a B.S. in management and a minor in social psychology.